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Cable Update (GBPUSD)

  • #660,441
  • Edited 8:57pm May 24, 2022 8:46pm | Edited 8:57pm
Quoting kris89
{image} expected more play in these area , before any significant move
still on going as we need more accumulation Profit taking

edited : added buy @1.25350 SL 1.25250 ( if SL hitted i will know where price will go )
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #660,442
  • May 24, 2022 8:56pm May 24, 2022 8:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 18 KB
yes yes yes
  • #660,443
  • May 24, 2022 9:51pm May 24, 2022 9:51pm
Quoting kris89
{quote} could be but , ive some buy at open Asian for 1.26200 first , as LQ above seem delight to take before take LQ below 1.2370
Let say it differently, 1.262 could be. Very possible before tanking it down.
Price target 1.243 at least.
but the truth, when it comes to correction waves prediction are getting smashed.

good luck.
i have sell 1.2548 from yesterday, Will add if will get chance.
  • #660,444
  • May 24, 2022 10:10pm May 24, 2022 10:10pm
Quoting Wavegarrick
{quote} Hi Nd, Well for me the secret was finding out that it was not worth it to watch the charts day in and day out, year after year at the expense of my family, friends and quality time. I live life now and if I get it wrong so be it. If I do take a trade, I take it with a stop loss. The only bit of effort I put in is to lock my trades in quickly. Half the time I do not know what is going on with news events, the charts, my trades and so on. I have to scroll back to see where I last entered and I find that Forex Factory is a useful tool...
Hello Leon, This sentence of lock it in quickly, please can you explain it?
Data + Stat + Risk/Emotions Management
  • #660,445
  • May 24, 2022 10:24pm May 24, 2022 10:24pm
Quoting Georginson
{quote} Hello Leon, This sentence of lock it in quickly, please can you explain it?
I guess he means quicky moving his sl to a positive
  • #660,446
  • May 24, 2022 10:26pm May 24, 2022 10:26pm
took long to 1.26374
Attached Image(s) (click to enlarge)
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yes yes yes
  • #660,447
  • May 24, 2022 10:27pm May 24, 2022 10:27pm
Quoting Nd10
{quote} I guess he means quicky moving his sl to a positive
Thanks mate...
Data + Stat + Risk/Emotions Management
  • #660,448
  • May 24, 2022 10:40pm May 24, 2022 10:40pm
Quoting kris89
{quote} could be but , ive some buy at open Asian for 1.26200 first , as LQ above seem delight to take before take LQ below 1.2370

i have 2 options
Attached Image(s) (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #660,449
  • May 24, 2022 10:42pm May 24, 2022 10:42pm
Quoting Moty
took long to 1.26374 {image} {image} {image}
out !
took short eu from weekly r2 to weekly r1
yes yes yes
  • #660,450
  • May 24, 2022 10:46pm May 24, 2022 10:46pm
Quoting donfriday
my view for the week ahead my main focus is a push-down from 1.25 to 1.2400 or 1.3550 then look for buy for 1.2750 Daily RSI still pointing upside possible to make a touch of 80 value before turning down 1hr RSI on classic bearish divergence possible to enter the 80 value before down {image} {image}

initial plan before it went up on monday.
MY OPINION NOT FINANCIAL ADVISE
  • #660,451
  • May 24, 2022 10:48pm May 24, 2022 10:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 83 KB
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #660,452
  • May 24, 2022 10:49pm May 24, 2022 10:49pm
DXY on H4 demand.

Main move will be down on GU today

Watch for FO either side of range. Don't rush into sell the imbalance from yesterdays drop not filled yet
  • #660,453
  • May 24, 2022 10:53pm May 24, 2022 10:53pm
Quoting mysterio
DXY on H4 demand. Main move will be down on GU today Watch for FO either side of range. Don't rush into sell the imbalance from yesterdays drop not filled yet
nice eyes

incase of main move will be down ill make it option as daily candle today can show where will it head next. a hard move to 1.3700 area or near it will make these option invalid as well
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #660,454
  • May 24, 2022 10:55pm May 24, 2022 10:55pm
Quoting kris89
{quote} nice eyes
thanks
  • #660,455
  • May 24, 2022 11:51pm May 24, 2022 11:51pm
10 mins till LO good luck folks !
Insane in the Brain..
  • #660,456
  • May 24, 2022 11:52pm May 24, 2022 11:52pm
Gu is long
I am short eur/ aud
It's revarsed corralted with aud/usd
Attached Image (click to enlarge)
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yes yes yes
  • #660,457
  • May 24, 2022 11:55pm May 24, 2022 11:55pm
only short for me
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  • #660,458
  • May 25, 2022 12:01am May 25, 2022 12:01am
Quoting Georginson
{quote} Hello Leon, This sentence of lock it in quickly, please can you explain it?
Hi George,
Just a shortcut for saying breakeven + 5 pips after 35 pips profit so whatever the outcome of the trade I still get my 5 pips profit.
Cheers
Leon.
Trade to trade another day
  • #660,459
  • May 25, 2022 12:06am May 25, 2022 12:06am
Dxy likely to get to 101.50
  • #660,460
  • May 25, 2022 12:13am May 25, 2022 12:13am
Quoting Mitiblotch
Long again 2531. Will add with drops. Hopefully I can hold this one till end of this month.
Out of this long. In minute profit of course. The chart is a bit confusing now. I don't have a trade. I'll just sit out for now.
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